Sell the rally in July 2010? Another example of why you should not let politics/ ideology influence your investing.


Jul 16, 2010

Category: Taxes and Policy, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

4 Responses to “Haines Calls BS on False Taxes and Job Correlation”

  1. AEC says:

    Dave Rovelli is a whinny idiot and doesn’t deserve to be in the 40% tax bracket. Faced with the commentators remarks about companies gearing up to spend, all he can say is “hey, look at it from my perspective…..”
    Great, thanks for the economic insight from your grossly overpaid New Jersey ass-wipe of a state perspective. Here’s some perspective for you David, in the Nixon era the top income tax bracket was 72% and there were still plenty of rich guys back then.

  2. ben22 says:

    how hilarious, that guy repeated so much shit

    of course the best being “uncertainty isn’t good for the market”

    as opposed to when the net of market participants are very certain about the future

    what year was that again?

    RIP Mark Haines

  3. dpharris says:

    To be fair you could have been selling the rally in July 2010, and buying this starting Aug 27, 2010:

    Bernanke Says Fed Will Do `All It Can’ to Ensure U.S. Recovery

    http://www.bloomberg.com/news/2010-08-27/bernanke-says-fed-will-do-all-it-can-to-ensure-u-s-economic-recovery.html

    That strategy would’ve worked just fine. Don’t fight the fed.

    But yes Mark Haines wipes the floor with Dave Rovelli here. RIP

  4. JohnnyVee says:

    Mark had courage, a rare quality.